PROTECTION PLANS Why do I need Protection Plans? Protection Plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them incase of your untimely demise or critical illness. Securing the future of one’s family is one of the most important goals of life. Protection Plans go a long way in ensuring your family’s financial independence in the event of your unfortunate demise or critical illness. They are all the more important if you are the chief wage earner in your family. No matter how much you have saved or invested over the years, sudden eventualities, such as death or critical illness, always tend to affect your family financially apart from the huge emotional loss. For instance, consider the example of Amit who is a healthy 25 year old guy with a income of Rs. 1,00,000/- per annum. Let's assume his income increases at a rate of 10% per annum, while the inflation rate is around 4%; this is how his income chart will look like, until he retires at the age of 60 years. At 50 years of age, Amit’s real income would have been around Rs. 10,00,000/- per annum. However, in case of Amit’s unfortunate demise at an early age of 42 years, the loss of income to his family would be nearly Rs. 5,00,000/- per annum.
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PROTECTION PLANS
Why do I need Protection Plans?
Protection Plans help you shield your family from uncertainties in life due to financial losses in terms of loss of income that may dawn upon them incase of your untimely demise or critical illness. Securing the future of one’s family is one of the most important goals of life. Protection Plans go a long way in ensuring your family’s financial independence in the event of your unfortunate demise or critical illness. They are all the more important if you are the chief wage earner in your family. No matter how much you have saved or invested over the years, sudden eventualities, such as death or critical illness, always tend to affect your family financially apart from the huge emotional loss.
For instance, consider the example of Amit who is a healthy 25 year old guy with a income of Rs. 1,00,000/- per annum. Let's assume his income increases at a rate of 10% per annum, while the inflation rate is around 4%; this is how his income chart will look like, until he retires at the age of 60 years. At 50 years of age, Amit’s real income would have been around Rs. 10,00,000/- per annum. However, in case of Amit’s unfortunate demise at an early age of 42 years, the loss of income to his family would be nearly Rs. 5,00,000/- per annum.
However, with a Protection Plan, a mere sum of Rs. 2,280/- annually (exclusive of service tax & educational cess) can help Amit provide a financial cushion of up to Rs. 10,00,000/- for his family over a period of 25 years.
TYPES OF PROTECTION PLANS
HDFC Term Assurance Plan
This plan is designed to help secure your family’s financial needs in case of uncertainties. The plan does this by providing a lump sum to the family of the life assured in case of death or critical illness (if option is chosen) of the life assured during the term of the contract. One can choose the lump sum that would replace the income lost to one’s family in the unfortunate event of one’s death. This helps your family to maintain their financial independence, even when you are not around.
Features
Figure 1
Advantages
High cover at a very nominal cost.
Flexibility to choose the Sum Assured.
Additional benefit options can be availed at marginal costs.
Premium amount remains the same over the term of the policy in case of regular premium
Option of paying single premium or regular premium.
Tax benefits under sections 80C, 80D and 10(10D) of Income Tax Act, 1961.
ENTRY AGE:MIN 18YRS AND MAX 60 YRS
HDFC Premium Guarantee Plan
HDFC Premium Guarantee Plan is an insurance plan that comes with twin advantage of protection and return of premiums* on maturity. So, you can enjoy life knowing that your family’s financial independence is secure even in your absence. And your premiums are yours on your survival at maturity.
Features
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Advantages
High cover at a very nominal cost.
Flexibility to choose the Sum Assured.
Return of all your premiums paid on maturity*
Tax benefits under sections 80C and 10(10D) of Income Tax Act, 1961.
ENTRY AGE: MIN 18YRS AND MAX 55YRS.
HDFC Loan Cover Term Assurance Plan
This plan aims to protect your family from your loan liabilities in case of your unfortunate demise within the policy term. It provides the beneficiary with a lump sum amount, which is a decreasing percentage of the initial Sum Assured. This means that as the outstanding loan decreases as per the loan schedule, the cover under the policy also decreases as per the policy schedule.
Features
Advantages
Flexibility to choose the Sum Assured.
Decreasing Sum Assurance as the outstanding loan decreases ensures that you do not pay for the protection you don’t need.
Additional Optional Benefit is available at a nominal cost.
Option of paying single premium or regular premium.
Tax benefits are offered under section 80C, 80 D and 10(10D) of the Income Tax Act, 1961.
ENTRY AGE: MIN 18YRS AND MAX 55YRS (IN CASE OF REGULAR PREMIUM) AND 60 YRS(IN CASE OF SINGLE PREMIUM)
Premium paying term-2/3rd of the policy term
HDFC Home Loan Protection Plan
This plan aims to protect your family from your loan liabilities in case of your unfortunate demise within the policy term. It ensures that your family does not lose the dream house that you have purchased for them, in case you are not around to repay the outstanding monthly installments on your housing loan. This provides you with the comfort of knowing that in your absence, a sum of money will be available towards repaying your housing loan, making sure that your family will be secure in your family home.
Features
Advantages
A decreasing Sum Assured payable if you die during the term of the contract. This sum assured is intended to help pay-off your outstanding home loan
Policy can be availed by paying a single premium in advance
The premium amount can be included in the housing loan and repaid as part of the loan repayment installments
Decreasing Sum Assured makes sure that you do not pay for protection you don’t need
Entry age: min 18 yrs and max 50 yrs
CHILDREN’S PLAN
Why do I need Children’s Plans?
Children’s Plans helps you save so that you can fulfill your child’s dreams and aspirations. These plans go a long way in securing your child’s future by financing the key milestones in their lives even if you are no longer around to oversee them. As a parent, you wish to provide your child with the very best that life offers, the best possible education, marriage and life style.
Most of these goals have a price tag attached and unless you plan your finances carefully, you may not be able to provide the required economic support to your child when you need it the most. For example, with the high and rising costs of
education, if you are not financially prepared, your child may miss an opportunity of a lifetime.
Today, a 2-year MBA course at a premiere management institute would cost you nearly Rs. 3,00,000/- At a assumed 6% rate of inflation per annum, 20 years later, you would need almost Rs. 9,07,680/- to finance your child's MBA degree.
An illustration of how education expenses could rise with passing time due to inflation
So, how can you cope with these costs? Children’s Plans help you save steadily over the long term so that you can secure your child’s future needs, be it higher education, marriage or anything else. A small sum invested by you regularly can help you build a decent corpus over a period of time and go a long way in providing your child a secured financial future.
TYPES OF CHILDREN’S PLANS
HDFC Children’s Plan
As a parent, your priority is your child’s future and being able to meet your child’s dreams and aspirations. With our HDFC Children’s Plan, you can start building your savings today and ensure a bright future for your child. This ‘With Profits’ plan is designed to secure your child’s future by giving your child (Beneficiary) a guaranteed lump sum on maturity or in case of your unfortunate demise, early into the policy term.
Features
Advantages
Lets you customise an ideal plan for your child and provide invaluable financial support
The Double Benefit Plan Option helps you secure your child’s immediate and future needs. In case of your unfortunate demise, we will pay the Sum Assured to your child (Beneficiary). Your family need not pay any further premiums and the policy continues. And on maturity of the plan, we will pay you the Sum Assured plus Bonuses Declared
You can choose to pay your premium as either Annually, Half-Yearly or Quarterly depending on your convenience. You also have a range of convenient auto premium payment options
Tax benefits are offered under section 80C and 10(10D) of the Income Tax Act, 1961
AGE LIMIT:MIN 18YRS AND MAX 60 YRS
HDFC SL YoungStar Super II
There is no bigger joy than being able to fulfill your child's dream on your own. With HDFC SL YoungStar Super II you can fulfill your child’s immediate and future needs. So tomorrow when your child needs your support you don’t have to depend on anyone else.
Features
Advantages
In case of your unfortunate demise or critical illness, we will pay the greater of Sum Assured (less partial withdrawals) or Fund Value to your child (Beneficiary). The policy will terminate. We will pay 100% of all the future regular premiums to the Beneficiary as and when due, on an annual basis. Please refer to the sales brochure for details.
You can customize the ideal plan for your child by choosing the premium you wish to invest along with the Sum Assured, depending on the level of protection required.
This plan can be taken by filling Short Medical Questionnaire, which may not require you to go for medicals. Kindly refer to the product brochure for details.
You can change your investment fund choices in two ways:
o Switching: You can move your accumulated funds from one fund to another anytime
o Premium Redirection: You can pay your future premiums into a different selection of funds, as per your need
Tax benefits are offered under section 80C and 10(10D) of the Income Tax Act, 1961
ENTRY AGE: MIN 18 yrs MAX 65 yrs
HDFC SL YoungStar Super Premium
With HDFC SL YoungStar Super Premium you can fulfill your child’s immediate and future needs- all on your own. Start saving now with this unit linked insurance plan and be assured that savings for your child will continue, even in your absence. This plan offers you choice of cover options and benefit payment preferences- all designed to suit your needs.
Features
Advantages
The Triple Insurance Benefit helps you secure your child’s immediate and future needs. In case of your unfortunate demise or critical illness, we will pay the Sum Assured to your child (Beneficiary). Your family need not pay any further premiums. With Save -n- Gain benefit ,we will pay 50% of all the original regular premiums towards your policy and 50% of the premiums will be paid to the Beneficiary as and when due, on an annual basis. Any Death Benefit or Critical Illness cover terminates immediately.
You can customize the ideal plan for your child by choosing the premium you wish to invest along with the Sum Assured, depending on the level of protection required and Benefit payment preference.
This plan can be taken by filling Short Medical Questionnaire, which may not require you to go for medicals. Kindly refer to the product brochure for details.
You can change your investment fund choices in two ways:
o Switching: You can move your accumulated funds from one fund to another anytime
o Premium Redirection: You can pay your future premiums into a different selection of funds, as per your need
Tax benefits are offered under section 80C and 10(10D) of the Income Tax Act, 1961
RETIREMENT PLANS
Why do I need Retirement Plans?
Retirement Plans provide you with financial security so that when your professional income starts to ebb, you can still live with pride without compromising on your living standards. By providing you a tool to accumulate and invest your savings, these plans give you a lump sum on retirement, which is then used to get regular income through an annuity plan. Given the high cost of living and rising inflation, employer pensions alone are not sufficient. Pension planning has therefore become critical today.
India’s average life expectancy is slated to increase to over 75 years by 2050 from the present level of close to 65 years. Life spans have been increasing due to better health and sanitation conditions in the country. However, the average number of years of employment has not been rising commensurately. The result is an increase in the number of post-retirement years. Accordingly, it has become necessary to ensure regular income for life after retirement, so that you can live with pride and enjoy your twilight years.
Priorities at different stages of life:-
However, skyrocketing costs can throw even a well-laid plan off balance. With costs rising every day, you can just imagine how high they will be when you are
ready to hang up your boots. So, what should you do to counter this? It’s time to plan your retirement and that too sooner than later.
The above illustration shows how with each passing year your annual savings requirement would increase. For instance, if you are 30 years old and plan to retire at 60, then, with a current annual expenditure of Rs. 3,00,000/- , you would need a corpus in excess of Rs. 2,00,00,000/- to maintain your living standards, assuming you live till 85 years and the inflation rate is 4%. To build this retirement corpus, you need to invest Rs 3,60,000/- per annum in a retirement plan that offers 8% returns per annum. In case you delay planning your retirement by 5 years then the investment amount would increase to Rs 6,90,000/- per annum.
TYPES OF RETIREMENT PLANS
HDFC Personal Pension Plan
Today, you are busy climbing the ladder of success and realizing your dreams. Today, time is with you. Just take a moment and think. Will you be able to continue at the same pace? Will your income be the same forever? Will you be able to live life on your own terms even after you retire? The HDFC Personal Pension Plan is a ‘With Profits’ insurance policy that is designed to provide a post-retirement income for life with the freedom to choose your retirement date.
Features
Advantages
This plan is designed to provide you a post retirement income for life – You can choose your premium, the Sum Assured and your retirement date. At the end of the policy term, you will receive the Sum Assured plus any attaching bonuses, which will provide you a post retirement income in your golden years
On your chosen retirement (Vesting) date, you will get the lump sum comprising the Sum Assured plus any attaching bonus.
o You can take up to 1/3rd of your Sum Assured as a tax free cash lump sum
o The rest must be converted to annuity
o You can buy the annuity from us or any other insurer
For Regular Premium Policy, you can choose to pay your premium as either Annually, Half-Yearly or Quarterly depending on your convenience. You also have a range of convenient auto premium payment options
Tax benefits under sections 80CCC of the Income Tax Act, 1961 subject to the provisions contained therein
SINGLE PREMIUM: MIN 35YRS MAX 60 YRS
REGULAR PREMIUM: MIN 18YRS MAX 60 YRS
AT RETIREMENT: MIN 50YRS MAX 70 YRS
HDFC Immediate Annuity
The HDFC Immediate Annuity is a contract that uses your capital to provide you with a guaranteed gross income through out your lifetime or over a period of your choice. The income is guaranteed and is unaffected by the rise and fall of interest rates. This means you can plan your life the way you want it to be, safe in the
knowledge that your gross income will not fall during the period you have selected. The HDFC Immediate Annuity offers a number of options to meet all your income needs.
Features
Advantages
Income for Temporary Period Option: You can choose to limit the payment period of annuity if you only require an income for a specified time. The annuity is payable for your selected term provided you are still alive. No annuity is payable after the chosen term has expired. You can choose to limit the payment term to between 5 and 25 years. The term selected must be at least for one year greater than any guarantee period
Death Benefits: In addition to a regular income, you can choose an annuity that will pay out a benefit on your death or, if you have chosen to provide an annuity for a named individual, on the later of your and the named individual’s death. You can choose the level of death benefit:
o Full purchase price, or a proportion of the purchase price
o Capital protection option – the amount paid on death is equal to the purchase price less the gross annuity installments already paid under the annuity
o No death benefit is allowable where a guarantee period has been selected. No death benefit is allowable where a Joint Life annuity reducing on death of the first life has been selected
If you need to provide an income for someone after you die: The HDFC Immediate Annuity can also provide an annuity for a named individual specified in your application form. This annuity will be paid if you die before the named individual. The amount of their annuity can be the same as your annuity or a proportion of your annuity.
ELIGIBILITY: MIN 30 YRS MAX 85YRS
SAVINGS AND INVESTMENT PLANS
Why do I need Savings & Investment Plans?
You have always given your family the very best. And there is no reason why they shouldn’t get the very best in the future too. As a judicious family man, your priority is to secure the well-being of those who depend on you. Not just for today, but also in the long term. More importantly, you have to ensure that your family’s future expenses are taken care, even if something unfortunate were to happen to you.
A big factor that you need to consider while building your wealth is inflation. It has a dual impact on your hard-earned savings. Inflation not only erodes your current purchasing power but also magnifies your monetary requirements for the future. Sample this: An 35 Year individual needs to invest Rs. 36,000/- per year with 8% returns to build a corpus of Rs. 10,00,000/- by the age of 50 Years.
However, Rs. 10,00,000/- after 15 years would be worth roughly around half of what it is today once adjusted for inflation at the rate of 4%. Therefore, an individual will need to save nearer to Rs 50,000/- annually to reach your targeted savings at the age of 50 Years, if you consider inflation.
Our Savings & Investment Plans provide you the assurance of lump sum funds for your and your family’s future expenses. While providing an excellent savings tool for your short term and long term financial goals, these plans also assure your family a certain sum by way of an insurance cover. With HDFC Standard Life’s range of Saving & Investment Plans, you can therefore ensure that your family always remains financially independent, even if you are not around.
TYPES
HDFC Endowment Assurance Plan
As a judicious family man, your priority is to secure the well-being of those who depend on you. Not just for today, but also for the long term. With our HDFC Endowment Assurance Plan, you can start building your savings today and ensure that your family remains financially independent, even when you are not around. This ‘With Profits’ plan is designed to secure your family’s future by giving your family a guaranteed lump sum on maturity or in case of your unfortunate demise, early into the policy term.
Features
Advantages
Ideal way to secure your long-term financial goals and your family's financial independence by giving a lump sum payment (basic Sum Assured plus any Bonus Additions) on survival up to Maturity date
Provides invaluable protection to your family by way of lump sum payment in case of unfortunate demise within policy term
Gives you the flexibility to customize your policy according to your needs by adding any one of the 3 benefit options available
You can choose to pay your premium as either Annually, Half-Yearly or Quarterly depending on your convenience. You also have a range of convenient auto premium payment options
Tax benefits under sections 80C, 80D and 10(10D) of Income Tax Act, 1961
HDFC Single Premium Whole of Life Insurance Plan
Ideally, just how spending comes to you, so must saving and investing. You are able to finance your expenses and take care of your family’s needs in present times. However, to ensure that family is able to maintain the same standard of living in the future, you need to make the right kind of investment today. HDFC Single Premium Whole of Life Plan is a tailor made plan well suited to meet your long-term investment needs and help you maintain your family’s financial independence. This single premium investment plan is a Whole of Life plan aimed at providing long-term real growth of your money.
Features
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Advantages
This participating plan is a Whole of Life plan aimed at providing long-term real growth for your money
By nature, this is a whole life policy where the term extends for the life However, you can decide on the policy term by using a feature built into it. For a period of 4 weeks, after any one of the 10th, 15th, 20th and subsequent five-year anniversaries, you can choose to receive the Sum Assured plus any attaching bonuses, in full. Once money has been received, your policy will cease or you may also continue the policy for your whole life
You can terminate the policy any time, after it has been in force for at least 6 month and receive a surrender value. We will pay discretionary surrender value based on our experience. However, after completion of 3 years there will be a guaranteed surrender value of 50% of premium paid. In addition to the guaranteed surrender value, we may pay additional discretionary surrender value based on our experience. Contract ends on the payment of the same
Currently Section 80C benefit is available for the premium paid under the plan to the extent of 20% of the Sum Assured. In the event of a death
claim the money paid is exempt as per Section 10(10D), of the Income Tax Act 1961
AGE LIMIT:MIN 18YRS AND MAX 70 YRS
HDFC SL New Money Back Plan
Being self reliant is a nice feeling. It’s comforting to be assured that you have necessary funds to live a fulfilling life. With HDFC SL New Money Back Plan, you will get regular cash back at periodic intervals, so that you can fulfill your dreams & aspirations. This plan also offers the financial protection to your loved ones when they need it the most, enabling you to live life with peace of mind.
Features
Advantages
Money Back on completion of every 4 years, you would get a percentage of your sum assured as cash payout. The payout will be as defined below.
Policy Terms (Yrs.)
Survival Benefit as a % of Sum Assured (Money Back Payout)
4th yr 8th yr 12th yr 16th yr 20th yr 24th yr
12 25% 25%50% + attaching
bonus- - -
16 25% 25% 25%25% + attaching
bonus- -
20 20% 20% 20% 20%20% + attaching
bonus-
24 15% 15% 15% 15% 15%25% + attaching
bonus
Provides valuable protection to your family by way of lump sum payment i.e. Sum Assured plus attaching bonsues, in case of unfortunate demise within policy term, over and above any earlier payouts.
You can choose to pay your premium as either Annually, Half-Yearly, Monthly or Quarterly depending on your convenience. You also have a range of convenient auto premium payment options
Tax benefits under sections 80C and 10(10D) of Income Tax Act, 1961
AGE LIMIT:MIN 14YRS AND MAX 53YRS
HDFC Assurance Plan
To fulfill your dreams for your family and yourself, you need to start saving today. And you not only need to save enough but also need the assurance that your family’s future is secure. Get the convenience of HDFC Assurance Plan. HDFC Assurance Plan helps you conveniently build your long-term savings while keeping your family’s future protected. This ‘With Profits’ savings plan helps you build your long-term savings while securing your family’s future.
Features
Advantages
This plan is a ‘With Profits’ savings plan, which offers the following features
o The plan receives simple Reversionary Bonuses, which are usually added annually
o At maturity, the plan pays out the basic Sum Assured plus Reversionary Bonuses declared during the policy term. Interim or Terminal Bonus may also be payable, if declared
The plan can be surrendered for cash value before maturity
Provides financial support to your family by way of a lump sum payment in case of your unfortunate death within the policy term. The lump sum is the basic Sum Assured plus any bonus additions
Tax benefit under Section 80C and 10(10D) of Income Tax Act 1961, subject to provisions contained therein
AGE LIMIT:MIN 18YRS AND MAX 50 YRS
HDFC Savings Assurance Plan
Despite your best efforts, you do not end up saving regularly for your family’s and your future. Unexpected expenses, unplanned purchases and often, sheer lack of time defeat your efforts. Don’t you wish that someone would take on the responsibility of regularly saving your money for you? HDFC Savings Assurance Plan is a ‘With Profits’ savings plan which helps you conveniently build your long-term savings and ensure that your family is protected even if you are not around.
Features
Advantages
The chosen amount is automatically invested from your bank account into the plan
This plan is a ‘With Profits’ savings policy, which offers the following features
o The policy receives simple reversionary bonuses, which are usually added annually
o At maturity, the policy pays out the basic Sum Assured plus Reversionary Bonuses declared during the policy term. Interim or Terminal Bonus may also be payable, if declared
On death during the first year, a sum equal to 80% of premiums received is payable. On death after the first year and during the policy term, all premiums paid to date will be returned with compound interest calculated at 6% per annum, subject to a maximum of the Sum Assured plus Reversionary Bonuses declared till date
Tax benefit under Section 80C and 10(10D) of Income Tax Act 1961, subject to provisions contained therein
AGE LIMIT:MIN 18 AND MAX 60 YRS
HEALTH PLANS
Why do I need Health Plans?
Health plans give you the financial security to meet health related contingencies. Due to changing lifestyles, health issues have acquired completely new dimension overtime, becoming more complex in nature. It becomes imperative then to have a health plan in place, which will ensure that no matter how critical your illness is, it does not impact your financial independence.
In the race to excel in our professional lives and provide the best for our loved ones, we sometimes neglect the most important asset that we have – our health. With increasing levels of stress, negligible physical activity and a deteriorating environment due to rapid urbanization, our vulnerability to diseases has increased at an alarming rate.
Source: National Commission on Macroeconomics and Health Report 2005.
Note: Current figures are for the year 2000(Cardiovascular diseases)), 2001 (COPD and Asthma), 2004 (Cancer) and 2005(Diabetes and Mental Health). All figures above are on a per lakh basis.
As can be seen in the above chart, lifestyle diseases are set to spread at disturbing rates. The result – increased expenditure. In many cases, people need to borrow money or sell assets to cover their medical expenses. All it takes is a suitable plan to help you overcome the financial woes related to your health by paying marginal amounts as premiums. For example, if you are 30 years old, then a mere sum of approximately Rs 3500* annually (exclusive of taxes) can provide you a health insurance plan of Rs 5 lakh over a period of 20 years, and a worry-free future for you and your family.
*Note: The assumption is based on the HDFC Critical Care Plan. The figure is only indicative and the actual premium may depend upon numerous factors such as age, sum assured, gender, policy term, premium payment frequency and additional benefits opted for. It also differs from plan to plan and option to option
TYPES
HDFC Critical Care Plan
Critical Illness can strike anyone. Today with advancement in medical science it is possible to survive a critical illness. Expenses on survival with a critical illness can be very high. HDFC Critical care plan provides for a lump sum payment on survival post diagnosis of a critical illness, so that in the event a critical illness strikes, you don’t have to dig into those precious savings of yours.
Features
Advantages
Provides valuable protection on survival post diagnosis of a critical illnesses
Covers as many as 30 critical illnesses
Lump sum benefit payment paid irrespective of medical expenses
The policy continues even after the benefit payment paid on selected illness
Choice of the level of health cover and premium payment
Convenient and hassle free claims
Tax benefits are available under section 80D under Income Tax Act, 1961
ENTRY AGE: MIN 18 AND MAX 55YRS
HDFC SurgiCare Plan
In the fast paced lives that we lead, medical contingencies may arrive at our doorstep uninvited.Surgery costs form a substantial portion of health care expenditure and needs to be provided for. Health issues can get compounded if left unattended and may require a surgery. Plus, the ever increasing costs of surgical procedures are sure to burn a hole in our pockets.
HDFC SurgiCare Plan provides you with timely support in case you have to undergo a major surgery and hospitalisation, as the case maybe, ensuring your financial independence at all times.
Features
Advantages
82 major surgical procedures are covered.
Option to include hospital cash benefit
Automatic increase in the level of health cover (subject to terms and conditions) ensures that the increasing medical costs are taken care of.
Lump sum benefits are paid regardless of the actual medical expenses.
The policy continues even after the after the payment of first or subsequent surgical procedures, subject to terms and conditions as stated in the policy brochure.
Flexibility to tailor-make the policy by choosing level of health cover, benefit options level and premium payment as per your needs.
Convenient and hassle free claims with cashless benefits on surgeries and hospitalization in any of the network hospitals.
Tax benefits can be availed under section 80D of the Income Tax Act, 1961
